Trending: American Express 4Q Results Come Up Short of Expectations
28 January 2023 - 2:33AM
Dow Jones News
10:03 ET -- American Express Co. is one of the most mentioned
companies in the U.S. across all news items in the last 12 hours,
according to Factiva data. The credit card company's fourth-quarter
results fell short of expectations, but it announced plans to
increase its dividend to 60 cents a share from 52 cents a share in
the first quarter. AmEx had earnings of $1.6 billion, 9% lower than
the year-ago quarter, or $2.07 a share. This came even as revenue
climbed 17% to a record $14.2 billion. Analysts surveyed by FactSet
had expected that AmEx would earn $2.23 a share on revenue of $14.2
billion. Dow Jones & Co. owns Factiva. (chris.wack@wsj.com)
(END) Dow Jones Newswires
January 27, 2023 10:18 ET (15:18 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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